No. Of all things, it's time to embrace some of the semiconductor stocks. This is a group that I have hated for ages, until last week, when Taiwan Semiconductor... the world's biggest manufacturer of semiconductors, said that sales would be better than expected.

A semiconductor recovery is on its way, even if it's just from very low levels.

How do I think you should play it, besides Taiwan Semiconductor?...

Okay, are you ready?...

This one I have not recommended or, even at my hedge fund, purchased... since 1999. It's been 10 years since I've had anything good to say about this stock... and that stock is..

 

Xilinx Inc. (XLNX)...

This is a stock that's reached levels we last saw in the hideous tech bottom of 2002. Now, you remember how that bottom was formed...

XLNX is in much better shape now than it was then. It's now poised to bounce back, having delivered guidance for its fiscal fourth quarter, on March 3rd, that topped analyst expectations... thanks to better orders for customer service in the wireless communications market...

[Please note: This week, we are making special exception to our verbatim rule for our recaps, as we are staffed thin until our main "recapper" returns from a much-deserved vacation. Our full recaps... yes, verbatim... will return this Monday, the 23rd, for your use and enjoyment. Thank you.]

The Bottom Line!: